Posted on May 2, 2019 by jpheasant
Yesterday, the Finance Committee approved several new forms of taxes. Although I am not a member of this committee, I wanted to share with you a list of those items.
If this budget (as written) were to come to the House floor for a vote, I would strongly oppose it.
The budget put forth by Democrats spends $118 million more over two years than Gov. Lamont’s proposal.
- Overall plan increases taxes by over a BILLION DOLLARS each year
- This does not include the implementation of tolls (another $800 million) or FMLA (approx. $400 million)
- This plan also rejects the recent bipartisan agreement to put 100% of all sales tax revenue (from the sale of new cars) into the Special Transportation Fund. It instead caps the amount at 18%.
- Removal of the STEM (Science, Technology, Engineering, Math) credit for college graduates
- New taxes on:
- safety apparel (remove previous exemption)
- dry cleaning
- interior design
- 10¢ charge on plastic and paper bags
- Increase taxes on:
- movies (6% to 6.35%)
- digital downloads – music, electronic books, etc. (1% to 6.35%)
- wine and liquor
While it wasn’t included in yesterday’s proposal, members of the committee have said that they are also open to shifting 25% of teachers pensions back onto the municipalities.
A few of the items that were included within the governor’s budget plan:
- A new tax on payroll to fund state-run Family Medical Leave
- Eliminate the sales tax free week
- Tax legal services
- Tax on accounting services
- Tax on architectural services
- Tax on engineering services
- Tax on real estate activities and agents/brokers
- Tax on veterinary services
- Tax on barber shops and beauty salons
- Tax on massage therapists and electrology services
- Tax on sports/recreation instruction and industries
- Tax on horse boarding and training
- Tax on travel arrangement and scenic transportation
- Tax on services to buildings and dwellings
- Tax on waste collection
- Tax Increase hotel occupancy tax from 15% to 17%
- Tax on Trade-ins for vehicles
- Tax on Non-prescription drugs
- Tax on Text books, college & professional schools
- Tax on Newspapers and magazines
- Tax on Connecticut credit unions
- Tax on Campground rentals
- Tax on Bicycle helmets
- Tax on child car seats
- Tax on vegetable seeds
- A new 25¢ deposit on wine and liquor bottles
- A new Add 5¢ bottle deposit to nips
Despite the budget plan brought forth yesterday not including all of the governor’s previous proposals, nothing is officially “off of the table” until a final budget is drafted for a vote.